MERX HEALTHCARE Formulation and Development Manager Salaries by 4 Employees (Updated 2025)

13 - 16 years exp.

₹14 Lakhs - ₹16.5 Lakhs

Salary of majority employees

10% more than the average Formulation and Development Manager Salary for 13 - 16 years of experience

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Last Updated: 18 Jun 2024

Companies similar to MERX HEALTHCARE for Formulation and Development Manager

Company name	Avg Annual Salary	Open Jobs
ZIM Laboratories Formulation and Development Manager Salary 11 - 14 years exp. (4 salaries)	₹15 L/yr - ₹21.4 L/yr 15% more
Sri Krishna Pharmaceuticals Formulation and Development Manager Salary 8 - 9 years exp. (4 salaries)	₹13.5 L/yr - ₹14.9 L/yr 4% less
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J.Duncan Formulation and Development Manager Salary 14 - 17 years exp. (4 salaries)	₹13 L/yr - ₹14.8 L/yr 6% less
Franco-Indian Pharmaceuticals Formulation and Development Manager Salary 14 - 17 years exp. (4 salaries)	₹12.6 L/yr - ₹15 L/yr 9% less
Raptakos Brett and Company Formulation and Development Manager Salary 16 - 18 years exp. (3 salaries)	₹16.6 L/yr - ₹18.5 L/yr 18% more

Formulation and Development Manager salary at MERX HEALTHCARE ranges between ₹14 Lakhs to ₹16.5 Lakhs per year for employees with experience between 13 years to 16 years. Salary estimates are based on 4 latest salaries received from various employees of MERX HEALTHCARE.

Experience wise MERX HEALTHCARE Formulation and Development Manager salaries

Last Updated: 18 Jun 2024

Experience	Avg Annual Salary
13 years (AmbitionBox Estimate)	₹12.6 L/yr - ₹16.1 L/yr
14 years (AmbitionBox Estimate)	₹13.5 L/yr - ₹17.2 L/yr
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15+ years (AmbitionBox Estimate)	₹14.2 L/yr - ₹18.1 L/yr

Similar Designation salaries in MERX HEALTHCARE

Analyst Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.3 L/yr

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Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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MERX HEALTHCARE Formulation and Development Manager Salary FAQs

What is the salary of Formulation and Development Manager at MERX HEALTHCARE?

Formulation and Development Manager salary at MERX HEALTHCARE in India ranges between ₹14.0 Lakhs to ₹16.5 Lakhs for experience between 13 years to 16 years. According to our estimates it is 10% more than the average Formulation and Development Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of MERX HEALTHCARE India.

How does the salary of a Formulation and Development Manager at MERX HEALTHCARE India compare with the average salary range for this job?

The average salary of a Formulation and Development Manager at MERX HEALTHCARE is 10% more than the average salary of a Formulation and Development Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than MERX HEALTHCARE to a Formulation and Development Manager in India?

Raptakos Brett and Company Formulation and Development Manager Salary - ₹16.6 Lakhs to ₹18.5 Lakhs per year
ZIM Laboratories Formulation and Development Manager Salary - ₹15.0 Lakhs to ₹21.4 Lakhs per year

What is the salary of a Formulation and Development Manager in companies similar to MERX HEALTHCARE in India?

Sri Krishna Pharmaceuticals Formulation and Development Manager Salary - ₹13.5 Lakhs to ₹14.9 Lakhs per year
J.Duncan Formulation and Development Manager Salary - ₹13.0 Lakhs to ₹14.8 Lakhs per year
Franco-Indian Pharmaceuticals Formulation and Development Manager Salary - ₹12.6 Lakhs to ₹15.0 Lakhs per year

What is the estimated take home salary of a Formulation and Development Manager at MERX HEALTHCARE in India?

The estimated take-home salary of a Formulation and Development Manager at MERX HEALTHCARE ranges between ₹1,04,120 per month to ₹1,06,975 per month in India. The take-home salary calculation is based on the average MERX HEALTHCARE Formulation and Development Manager salary in India which ranges between ₹14.0 Lakhs to ₹16.5 Lakhs per year for employees with experience between 13 years to 16 years. Check how did we calculate take home salary?

What is the notice period for Formulation and Development Manager at MERX HEALTHCARE?

According to AmbitionBox, 100% of the MERX HEALTHCARE Formulation and Development Managers reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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MERX HEALTHCARE Formulation and Development Manager Salaries

MERX HEALTHCARE Formulation and Development Manager salary in India ranges between ₹14 Lakhs to ₹16.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 MERX HEALTHCARE latest salaries received from various employees of MERX HEALTHCARE.